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Management, Board of Directors & Advisory Board


Chief Executive Officer, Chief Financial Officer & Director

Mr. Sapountzoglou brings over 27 years of experience in shipping finance as well as trading in capital markets to Bluewater. Mr. Sapountzoglou is currently director and co-founder of Flagship Navigations Ltd., a commercial ship and project management company, since 2016. He began his career in shipping claims and insurance with Sun Enterprises Ltd., in Piraeus (G.S Livanos shipping group) and after his studies, he continued with the group in their Monaco family office where he focused on proprietary trading and asset management.  In 1994 he joined the Angelopoulos Group (Metrostar) at their family office in London where he held various senior positions within the group until his departure in 2015. During his 21 years, he led or co-led projects within the group’s core investments including steel mills, shipping, shipyards (yacht building - Oceanco) and off- shore UDW rigs. As Finance Director for Metrostar Management Corp., he was responsible for the company's shipping financing strategy and business development.  The company invested in all sectors and sizes of shipping with over 180 transactions and 70 new building projects handling, in many cases the contract negotiations.  In the offshore sector, he was director of Deepsea Metro, a joint venture with Odfjell Drilling Ltd. where he co-led the company’s fundraising efforts, raising over $1.5 billion in the capital markets. Mr. Sapountzoglou who currently resides in Athens, was raised in Toronto, is a Canadian citizen and holds an Honors BA in Economics and International Finance from Wilfrid Laurier University in Canada.



Mr. McFadden has broad management and financial experience and expertise across a number of industries including oil & gas, power, energy and industrial products distribution, specialty chemicals and energy marketing.  Currently Eric is lives near Calgary and is a Senior Advisor at Morrison Park Advisors, an investment bank based in Toronto, Canada. Previously, he was Vice President, Capital Markets and Business Development at Eagle Energy Inc., an oil and gas company. Prior to that position, he was Executive Vice President, Business Development at Superior Plus Corp., a conglomerate with holdings in energy distribution, specialty chemicals and industrial products distribution. Before that, he was CEO of several affiliated companies which developed, constructed and operated three windpower projects totalling 147 MW of capacity. Mr. McFadden also spent 14 years in investment banking at a major Canadian bank where his last position was Managing Director and Co-head of Investment Banking in Calgary. His financial expertise and experience includes equity IPO’s, project debt finance, derivatives, mergers and acquisitions and tax-driven structures.



Corporate Secretary

Mr. Warkentin is a Partner at Nerland Lindsey LLP, a law firm. For over 25 years he has worked with public issuers, closely held corporations, limited partnerships and trusts providing advice and direction regarding corporate structure, corporate reorganizations, regulatory compliance and capital raising. Mr. Warkentin is Corporate Secretary of Qwest Investment Management Corp. He received his Bachelor of Laws degree from the University of Alberta and was called to the Bar in 1990. He also received a Bachelor of Arts in Business Administration from Western Washington University.

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